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Knowledge Bank / Income-tax Rules, 2026 / Rule 59
Rule 59Published

Rule 59: insurance policy, then the income chargeable to tax under the said section shall be computed in the

Is rule section 92(2)(l) ke under income compute karne ke tareeke define karta hai. Income chargeability, deductions, aur exemptions ke calculation me yeh method follow hoga.

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  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

Bare law

Rule 59 - insurance policy, then the income chargeable to tax under the said section shall be computed in the following manner :—

59. (1) For the purposes of section 92(2)(l), if a person receives any sum, including the amount allocated by way of bonus, during a tax year under a life insurance policy, then the income chargeable to tax under the said section shall be computed in the following manner :— (i) where the sum is received for the first time under the life insurance policy during the tax year (herein referred to as first tax year), the income chargeable to tax in the first tax year shall be computed in accordance w

Conditions for carrying forward or set-off of accumulated loss and unabsorbed depreciation allowance in case of amalgamation.

Rule breakdown

59. (1) For the purposes of section 92(2)(l), if a person receives any sum, including the amount allocated by way of bonus, during a tax year under a life insurance policy, then the income chargeable to tax under the said section shall be computed in the following manner :— (i) where the sum is rece

Conditions for carrying forward or set-off of accumulated loss and unabsorbed depreciation allowance in case of amalgamation.

Key takeaways

Legal Provision

Yeh rule section 92(2)(l) ke under delegated legislation hai. Act ke relevant provisions ke saath iska alignment hona zaroori hai.

  • section 92(2)(l) ke under yeh rule framed hai
  • Amendment time to time ho sakte hain

Computation Method

Income ya value ka calculation is rule ke under diye gaye formula/method se hi karna chahiye.

  • Calculation errors se disputes ho sakte hain
  • Documentation of computation rakhni chahiye
  • CA se verify karwa lein

Professional Advice

Complex provisions ko samajhne ke liye apne CA/CS se consult karein.

  • CA se help lene se mistakes kam ho jati hain
  • Accurate filing ke liye expert guidance zaroori hai

FAQs

Is rule section 92(2)(l) ke under kaise aata hai?

Is rule Income-tax Act, 2025 ke section 92(2)(l) ke under delegated legislation hai aur Income-tax Rules, 2026 ka part hai.

Is rule kab se applicable hoga?

Is rule 1st April, 2026 se applicable hoga. Jab tak koi amendment nahi aati, yeh current form mein valid rahegi.

Income ka calculation kaise karna hai?

Rule me section 92(2)(l) ke under income compute karne ki specific formula ya methodology di gayi hai. Use follow karne se accurate tax liability determine hoti hai.

Kya CA se help leni chahiye?

Complex provisions ko samajhne aur accurate compliance ke liye apne CA/CS se consult karein. Professional help mistakes kam karti hai.

On this page

  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

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